The Consumer Credit (Exempt Agreements) (Amendment) (No. 2) Order 1993

Explanatory Note

(This note is not part of the Order)

This Order provides for further miscellaneous amendments to the Consumer Credit (Exempt Agreements) Order 1989 (“the principal order”).

It replaces, in article 2(3)(ii) of the principal order, references to legislation now revoked by references to the legislation which has taken the place of the revoked legislation.

Paragraph (3)(ii) of article 2 of the principal order provides for the exemption of debtor–creditor agreements secured by a land mortgage made to finance the alteration, enlarging, repair or improvement of a dwelling where the agreement is made as a result of services certified as having been provided by certain bodies which are listed in sub– paragraph (ii) of that paragraph. This Order adds to that list of bodies those bodies which the Department of the Environment for Northern Ireland has approved under a provision in the Housing (Northern Ireland) Order 1992.

The Order removes the name of one Friendly Society from the list in Part I of Schedule 1 to the principal order. It corrects the name of one body corporate and adds the name of four others to the list in Part III of that Schedule.